Question 1

Does Madera qualify for USDA loans?

Accepted Answer

Most of Madera County qualifies. Check USDA's online eligibility map for the specific parcel before you make an offer.

Question 2

What is the income limit for USDA in Madera County?

Accepted Answer

Limits are set at 115% of area median income and vary by household size. A lender can pull the exact number for your situation.

Question 3

How long does a USDA loan take to close in California?

Accepted Answer

Plan for 30-45 days. USDA requires a separate Rural Development review after lender approval, which adds time.

Question 4

Is USDA better than FHA for Madera buyers?

Accepted Answer

USDA wins on down payment — zero vs. 3.5%. If you're under the income cap and the property qualifies, USDA usually costs less upfront.

Question 5

Can I buy a farm or agricultural land with a USDA loan?

Accepted Answer

No. USDA loans are for primary residences. The property must be a standard home, not income-producing farmland.

Question 6

Does USDA require mortgage insurance?

Accepted Answer

USDA charges a guarantee fee instead of mortgage insurance. There's a 1% upfront fee and a 0.35% annual fee rolled into your payment.

USDA Loans in Madera, CA — Zero Down in the Central Valley